Operating Engineers Local 501 Security Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 956049026 ✦ West covina, CA ✦ Designated as a 501(c)(9)

Overview

What is Operating Engineers Local 501 Security Fund?

The Operating Engineers Local 501 Security Fund is a non-profit organization headquartered in West Covina, California. Their primary goal is to extend health and welfare benefits to their participants and their dependents. This non-profit organization is dedicated to ensuring the wellbeing of its members through a range of programs. By focusing on health and welfare, they aim to enhance the quality of life for those involved.


Official website here: www.ourbenefitoffice.com/oelocal501/benefits

Is Operating Engineers Local 501 Security Fund legitimate?

Operating Engineers Local 501 Security Fund is a legitimate nonprofit organization registered as a 501(c)(9) entity. Operating Engineers Local 501 Security Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.ourbenefitoffice.com/oelocal501/benefits

What is the mission statement of Operating Engineers Local 501 Security Fund?

The Operating Engineers Local 501 Security Fund is a non-profit organization dedicated to offering health and welfare benefits for its participants and their dependents. The primary goal of this organization is to ensure the well-being of its members by providing essential coverage. The mission of the Fund is to enhance the quality of life for its members through comprehensive healthcare benefits. The organization's programs cater to both participants and their families, ensuring they have access to crucial health services. The Fund's commitment to the health and welfare of its members underscores its importance within the community.


Official website here: www.ourbenefitoffice.com/oelocal501/benefits

Who is the CEO of Operating Engineers Local 501 Security Fund?

Edward Curly is the Chairman of Operating Engineers Local 501 Security Fund.


Official website here: www.ourbenefitoffice.com/oelocal501/benefits

What is the revenue of Operating Engineers Local 501 Security Fund?

Operating Engineers Local 501 Security Fund's revenue in 2022 was $56,913,937.


Official website here: www.ourbenefitoffice.com/oelocal501/benefits

Who are the executives of Operating Engineers Local 501 Security Fund and what are their salaries?

Here are 11 key members and their salaries:

    Edward Curly (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Vukojevich (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Palmer (Assistant Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diego Back (Alternate Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Crosser (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Gleason (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas O'Mahar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Webster (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Flett (Alternate Trustee - Past)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Narez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • See Schedule O For Compensation (Paid By Related Organizations) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ourbenefitoffice.com/oelocal501/benefits

    Where can I find the form 990 for Operating Engineers Local 501 Security Fund?

    The Operating Engineers Local 501 Security Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ourbenefitoffice.com/oelocal501/benefits

    Learn more at the official website: www.ourbenefitoffice.com/oelocal501/benefits

    Mission Statement of Operating Engineers Local 501 Security Fund

    The Operating Engineers Local 501 Security Fund is a dedicated non-profit organization with a mission to extend health and welfare benefits to its members and their dependents. Established to cater to the needs of its participants, the Fund ensures their wellbeing is prioritized through a range of programs.

    In simple terms, the Operating Engineers Local 501 Security Fund exists to improve the quality of life for its beneficiaries by addressing their health and welfare concerns. The organization's unwavering commitment is evident in its comprehensive set of programs designed to meet the diverse needs of its members and their families.

    By providing critical health and welfare benefits, the Operating Engineers Local 501 Security Fund plays a significant role in enabling its participants to focus on their personal and professional growth, knowing they have essential support in place. The organization's mission extends far beyond offering mere financial assistance, as it strives to create a safety net that fosters peace of mind and improved overall wellbeing for those it serves.

    Impact

    This information is meant to be a general summary of Operating Engineers Local 501 Security Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Operating Engineers Local 501 Security Fund provides crucial health and welfare benefits for its participants and their dependents. This support helps ensure that members have access to necessary healthcare services and assistance in times of need. By offering these benefits, the fund plays a vital role in supporting the well-being and security of its members, contributing to their overall quality of life and peace of mind.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,649,331
  • Program Service Revenue: $55,100,818
  • Gross Receipts: $65,595,720

    • Assets and Liabilities:
  • Total Assets: $102,185,036
  • Total Liabilities: $13,827,759
  • Net Assets: $88,357,277
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Employer Contributions

    Revenue

    $51,259,715

    Participant Contributions

    Revenue

    $2,189,815

    Stop Loss Reimbursement

    Revenue

    $890,284

    Prescription Rebate

    Revenue

    $761,004

    Organization Details

    Founding Year

    1952

    Principal Officer

    Edward Curly

    Main Address

    PO BOX 990, WEST COVINA, CA, 91793

    NTEE Category

    Code: Y40 - Mutual benefit

    If you are a representative of Operating Engineers Local 501 Security Fund and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.